Angela C. Drake - 01 Apr 2022 Form 4 Insider Report for TORO CO (TTC)

Role
VP, Construction
Signature
/s/ Timothy C. Quist, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
01 Apr 2022
Net transactions value
-$69,200
Form type
4
Filing time
05 Apr 2022, 16:09:27 UTC
Previous filing
17 Dec 2021
Next filing
19 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $0 +655 +59% $0.000000 1,760 01 Apr 2022 Direct
transaction TTC Common Stock Tax liability $16,522 -191 -11% $86.50 1,569 01 Apr 2022 Direct
transaction TTC Common Stock Options Exercise $0 +1,602 +102% $0.000000 3,171 01 Apr 2022 Direct
transaction TTC Common Stock Tax liability $43,250 -500 -16% $86.50 2,671 01 Apr 2022 Direct
transaction TTC Common Stock Options Exercise $0 +374 +14% $0.000000 3,045 01 Apr 2022 Direct
transaction TTC Common Stock Tax liability $9,428 -109 -3.6% $86.50 2,936 01 Apr 2022 Direct
holding TTC Common Stock 1 01 Apr 2022 The Toro Company Retirement Plan F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TTC Restricted Stock Units Options Exercise $0 -655 -100% $0.000000* 0 01 Apr 2022 Common Stock 655 Direct F2, F3
transaction TTC Restricted Stock Units Options Exercise $0 -1,602 -100% $0.000000* 0 01 Apr 2022 Common Stock 1,602 Direct F2, F4
transaction TTC Restricted Stock Units Options Exercise $0 -374 -50% $0.000000 374 01 Apr 2022 Common Stock 374 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes .003 shares acquired since the date of her last report under the dividend reinvestment feature of The Toro Company Retirement Plan.
F2 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F3 The restricted stock units and related dividend equivalents vested and became non-forfeitable in three equal annual installments commencing on April 1, 2020, which was the first anniversary of the date of grant.
F4 The restricted stock units and related dividend equivalents vested and became non-forfeitable in full on April 1, 2022, which was the third anniversary of the date of grant.
F5 The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on April 1, 2021, which is the first anniversary of the date of grant.